Starwood Property Trust, Inc. (STWD) Stake Boosted by Comerica Securities Inc.

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Comerica Securities Inc. lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,418 shares of the real estate investment trust’s stock after purchasing an additional 16,499 shares during the quarter. Comerica Securities Inc.’s holdings in Starwood Property Trust were worth $3,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. LSV Asset Management raised its position in Starwood Property Trust by 3.3% in the 2nd quarter. LSV Asset Management now owns 5,657,722 shares of the real estate investment trust’s stock worth $122,829,000 after buying an additional 178,413 shares during the last quarter. Acadian Asset Management LLC raised its position in Starwood Property Trust by 82.9% in the 3rd quarter. Acadian Asset Management LLC now owns 5,363,069 shares of the real estate investment trust’s stock worth $115,414,000 after buying an additional 2,431,609 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Starwood Property Trust by 2.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,002,707 shares of the real estate investment trust’s stock worth $65,190,000 after buying an additional 76,362 shares during the last quarter. Renaissance Technologies LLC raised its position in Starwood Property Trust by 121.2% in the 2nd quarter. Renaissance Technologies LLC now owns 2,313,484 shares of the real estate investment trust’s stock worth $50,226,000 after buying an additional 1,267,400 shares during the last quarter. Finally, Boston Partners raised its position in Starwood Property Trust by 3.4% in the 2nd quarter. Boston Partners now owns 2,118,155 shares of the real estate investment trust’s stock worth $45,985,000 after buying an additional 68,679 shares during the last quarter. 66.63% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the company. ValuEngine raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Monday, October 22nd. Zacks Investment Research raised Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Wednesday, October 24th. Credit Suisse Group boosted their target price on Starwood Property Trust from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 21st. Finally, JPMorgan Chase & Co. assumed coverage on Starwood Property Trust in a research report on Friday, September 21st. They issued an “overweight” rating and a $23.00 target price for the company. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $24.00.

Starwood Property Trust stock opened at $21.72 on Wednesday. The stock has a market cap of $5.76 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 2.04 and a beta of 0.25. Starwood Property Trust, Inc. has a 52-week low of $19.47 and a 52-week high of $23.04. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 1.82.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, August 8th. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.01. The business had revenue of $307.20 million during the quarter, compared to the consensus estimate of $257.88 million. Starwood Property Trust had a return on equity of 13.19% and a net margin of 39.03%. The business’s quarterly revenue was up 45.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 EPS. On average, sell-side analysts expect that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current fiscal year.

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Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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